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Sunday, September 16, 2012

A Business Consultant Should Have Experience



     For the content here on my blog I have tried to focus on the questions and topics I deal with most in my daily work as an Entertainment Business Consultant. Within the last two weeks the question of what is most required, or what one should consider imperative, to be a business consultant in any sector of a given industry has arisen in conversation several times. I have taken this as a fateful hint to quickly cover this question as a topic in my post this week. In my humble opinion, the most important attribute one must possess in order to be qualified to work as a business consultant in any sector of a given industry is experience, and lots of it. The best possible scenario is for one to have a good deal of experience in many sectors of a given industry in order to be most effective as a business consultant.

     Education is also extremely important, but this is secondary. Some of the most sought after business consultants have indeed risen from years of experience before they decided to get an education. Some of the best in the entertainment industry, such as Gerry Barad, head of Global Touring for Live Nation, have risen to such positions through years of experience and learning in the trenches alone. While it is surely important for one to have a solid education under their belt, years of experience, contacts, and "been there done that know-how" just cannot be matched by classroom education when it comes to being an effective business consultant. Here is a quote taken from Business Consulting ABC's website," Having an MBA from a good business school isn't enough. The Business Consultant must have solid real world experience with many types of companies in order to be an effective consultant." This statement could not be truer when one is speaking about the entertainment industry.

     An experienced Entertainment Business Consultant will have been in the trenches and have been involved in many different dealings across many sectors of the industry. He or she will know exactly what is needed to get a project back on track without having to do hours of research or call in a team of outside experts costing a client more time and money. When choosing an Entertainment Business Consultant one must choose someone who fits the bill and must not pay attention to the individual's education, this is a bonus. Finally advice for anyone who wishes to get into the field… Jump into the industry with both feet, get involved in everything you can, and if in ten years you are the one everyone is calling for advice, you have arrived at your destination.

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